Bitcoin Spot ETFs Register $2 Billion Inflows As Institutional Demand Surges – Details
US Bitcoin spot ETFs experienced over $2 billion in net inflows last week, continuing a three-week positive trend despite an initial bearish start to June. Cumulative deposits reached $4.63 billion over this period. On June 27, 12 US Bitcoin ETFs recorded net inflows of $501.27 million, totaling $2.22 billion for the week and extending daily inflows to 14 consecutive days. The BlackRock IBIT led with $1.31 billion in net deposits, while Fidelity’s FBTC and Ark/21 Shares’ ARKB saw inflows of $504.40 million and $268.14 million, respectively. Grayscale’s GBTC faced net outflows of $5.69 million but remains the third largest Bitcoin ETF with $19.79 billion in net assets. In June, Bitcoin ETFs recorded $4.50 billion in net flows, indicating strong institutional demand despite market corrections. Ethereum Spot ETFs also saw inflows of $283.41 million last week, totaling $1.13 billion for June, with total net assets at $9.88 billion. Ethereum traded at $2,441, while Bitcoin prices were around $107,339.
